Monday, April 2, 2018

Tata Steel offers upfront payment of Rs35,200 crore to Bhushan Steel

Additional solicitor general Tushar Mehta, appearing for the CoC, informed the tribunal that after the “commercial viability and feasibility” of Tata Steel's plan was reviewed by KPMG and First Advantage Consulting Group, the CoC approved Tata steel's bid with a 99.8% majority vote. Both Mehta and ...
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